Today’s real estate market saw notable developments across policy, planning and project development. The Ministry of Construction proposed expanding the group of real estate business contracts eligible for transfer, including contracts for houses and completed structures without red title certificates. In Ho Chi Minh City, the municipal government authorized commune-, ward- and special administrative zone-level authorities to determine selling prices for state-funded resettlement housing, with the policy applicable through the end of 2030. The city also addressed obstacles in subdividing residential land interspersed with agricultural land, allowing owners who separate the residential portion not to be required to meet minimum area requirements for the accompanying agricultural land. However, HoREA warned that legal gaps concerning land subdivision could be exploited for illegal plot splitting and sales, increasing fraud risks for buyers. In project developments, Khanh Hoa broke grou...
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